(This note is not part of the Order)
This Order appoints 15th September 2011 as the day on which section 43 of the Finance Act 2011 (relief for expenditure on R&D by SMEs) comes into force. The amendments made by section 43 of that Act have effect in relation to expenditure incurred on or after 1 April 2011.
A Tax Information and Impact Note covering this instrument was published on 23rd March 2011 alongside the draft legislation and is available on the HMRC website at http://www.hmrc.gov.uk/budget2011/tiin6157.pdf. It remains an accurate summary of the impacts that apply to this instrument.